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Strength Seen in Hasbro (HAS): Stock Adds 14% in Session

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Hasbro, Inc. (HAS - Free Report) was a big mover last session, as the company saw its shares rise over 14% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $81.51 to $86.76 in the past one-month time frame.

The company has seen two negative estimate revisions in the last 30 days, while its Zacks Consensus Estimate moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s move higher can last.

Hasbro carries a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the same industry is Electronic Arts Inc. (EA - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is HAS going up? Or down? Predict to see what others think: Up or Down

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